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POLITICO Confidential

The best POLITICO stories selected by Senior Executive Editor Kate Day. Discover the most influential stories in Europe and beyond. About KATE DAY VOTER WINNER Iran war threatens global collapse, Finland’s Stubb warns Unique: Finnish President Alexander Stubb, a one-time golfing buddy of Donald Trump, does not hide his unusually dismal assessment of the American … Read more

Why economists are ‘very worried’ about what lies ahead

Why economists are 'very worried' about what lies ahead

New Zealand may face recession, economists warn. By Susan Edmunds for rnz.co.nz Stagflation describes a situation in which the economy experiences an unpleasant combination of inflation, high unemployment and stagnant economic growth. This could happen as a result of the Iran war because high fuel prices are expected to cause high inflation, while the effect … Read more

Dow drops nearly 800 points and enters correction, S&P 500 posts fifth straight week of losses: Live Updates

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Traders work on the floor of the New York Stock Exchange on March 27, 2026. Spencer Platt | Getty Images The Dow Jones industrial average it fell on Friday and fell into the correction zone, while Brent exceeded $ 110 after events in the Strait of Hormuz exacerbated investor concerns about energy supply and the … Read more

Consumer Confidence Continues to Fall as Gas Prices Rise

Gas prices are displayed at a Mobile Gas station on March 17, 2026

Shoppers on their way to the mall are paying more attention to prices at the gas station – and they don’t like what they see. Consumer confidence in March fell 6 percent from the previous month, falling back to levels last seen in December, according to the closely watched University of Michigan Consumer Survey. Joanne … Read more

Where did the money go? Map shows movement of US wealth after pandemic: One country gained $20B

Where did the money go? Map shows movement of US wealth after pandemic: One country gained $20B

Florida received more wealth from startups than any other state in 2023, according to newly released data from the Internal Revenue Service. In 2023, Florida received $20.65 billion in annual income from tax filers who moved there from another state within the US, according to a Realtor.comĀ® analysis of IRS relocation data. Other states that … Read more

The biggest stock market correction Trump won’t talk about is legal

The biggest stock market correction Trump won't talk about is legal

Throughout his presidency, Donald galaotega ga lonaka kidnapped and extradited the leader of Venezuela, threatened to annex Greenland, mesed by expelling the chair of the Federal Reserve, and waged an economic war on his closest allies, all while (more or less) keeping the stock market from bearish territory. The Iran War still looks like the … Read more

Rising oil prices can increase food costs – but hoarding groceries “makes it worse,” an economist says.

The 26-year-old works in a bookstore and lives on $53,000 a year in New York City.

Rising oil prices tend to drive up grocery costs, but that doesn’t mean consumers should rush out and save money, economists say. Brent crude has soared above $100 a barrel in recent weeks – after trading near $60 in January – as Iran’s war worsens the Strait of Hormuz, which transports a fifth of the … Read more

Emerging market debt is falling as the Iran war drags down markets.

Strong CEEMEA credit issuance in January and February pushed it to a Q1 record

Emerging market debt prices hit record highs ahead of Iran’s war-torn country Angola’s external debt has decreased since the war Strong secondary market demand for high-quality Gulf credit Private deals can be attractive if uncertainty persists LONDON, March 27 (Reuters) – A record start to the year for sales of emerging debt has largely stalled … Read more